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La vicenda del partenariato euromediterraneo: prospettive e percorsi di integrazione

Author

Listed:
  • Giuseppe NOTARSTEFANO

    (Dipartimento di Contabilità Nazionale ed Analisi dei Processi Sociali, Universtià di Palermo)

  • Raffaele SCUDERI

    (Dipartimento dei Metodi Quantitativi per le Scienze Umane, Università di Palermo)

Abstract

Countries agreeing to Euro-Mediterranean Partnership show different levels of development, so that they are far from converging in per capita GDP growth rates. As shown by literature, an important role in growth can be played by foreign direct investment (FDI). Beta and Sigma approaches to convergence are applied to prove the absence of gaps reduction in the area, and the importance of FDI in a context where less developed countries do not attract FDI as much as other developing countries. Persistency matrix and fuzzy clustering methods are then applied to verify the composition and stability in time of “convergence clubs”.

Suggested Citation

  • Giuseppe NOTARSTEFANO & Raffaele SCUDERI, 2004. "La vicenda del partenariato euromediterraneo: prospettive e percorsi di integrazione," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 112(4), pages 399-432.
  • Handle: RePEc:vep:journl:y:2004:v:112:i:4:p:399-432
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    Keywords

    Euro-Mediterranean Partnership; foreign direct investment; convergence; convergence clubs; persistency matrix; fuzzy clustering.;

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • C49 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Other
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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